2831 NE 13th Street, Renton, WA 98056

$670,000
1,460
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Windermere Real Estate/East. Selling Office: RexMont Real Estate.

Sold Price
$670,000
List Price
$680,000
Status
SOLD
MLS#
2174320
Closing Date
Jan 11, 2024
Days on Market
16
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
1,460
Area Total SqFt
1460
Annual Tax Ammount
5795
Lot Size (sq ft)
14,240
Sewer
Sewer Connected

Property Description

Investor alert in prime location! The Renton Highlands is a dynamic market, experiencing rapid growth & development. This 1460 SF Duplex, perfectly positioned on a 14,240 SF lot, zoned R-14, is conveniently located near Schools, Shopping, Parks, Library, Commuting and The Landing. Great cash-flowing AND development potential to build 2 more units behind existing duplex or 4 new homes! Long-term tenants pay all utilities and on a M-to-M lease. Initial design package available, includes site plan, survey and tree study. Walking score 75 - very walkable. Don't miss this opportunity! Buyer to verify.

Additional Information

List Date
2023-12-26 00:00:00
Community
Highlands
Net Operating Income
$27,850
Gross Adjusted Income
$34,692
Gross Scheduled Income
$34,692
Total Monthly Income
$2,891
Insurance Expenses
$1,047
Gross Rent Multiplier
0.02
Total Expenses
$6,842
Cap Rate
0.04
Total Number of Units
2
Unit Name
2831
Potential Terms
Cash Out, Conventional
Year Built
1943
Roof
Composition
Energy Source
Electric
School District
Renton
Elementary School
Sierra Heights Elem
Middle School
Mcknight Mid
High School
Hazen Snr High
Total Monthly Income
$2,891
Gross Scheduled Income
$34,692
Gross Adjusted Income
$34,692
Tax Year
2023
Insurance Expense
$1,047
Total Expenses
$6,842
Net Operating Income
$27,850
Gross Rent Multiplier
0.02
Cap Rate
0.04
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks